It was built in July 2022 and sold new for $629,000.
The single story home has 1,894 square feet with three bedrooms and three bathrooms on a 5,850 square foot.
The house, in the 2400 block of Tribeca Avenue in Griffen Park off of South Main Street, has a pending offer for $680,000.
The $680,000 is what makes the house somewhat special in terms of the Manteca-Ripon-Lathrop market for March, April, and May.
It reflects the average sale price of homes that have closed escrow in the combined housing market.
The three-city area is the only housing market in San Joaquin County during those three months that sold more homes this year compared to March, April, and May of 2024.
There were 370 existing homes sold in Manteca-Lathrop-Ripon, up 16 percent.
In other areas of the county there were 204 resales that closed escrow in Tracy-Mountain House, down 18 percent from the same period last year, 547 completed transactions in Stockton, down 8 percent; and 154 resales sold in Lodi, down 14 percent,
Manteca-Lathrop-Ripon was the only area in the county where average sale prices of homes closing escrow in the three-month period in year-to-year comparisons increased.
The average sales price in Manteca-Lathrop-Ripon was $680,000, up 1 percent; it was $768,000 in Tracy-Mountain House, down 13 percent; it was $548,000 in Stockton, down 8 percent; and it was $614,000 in Lodi, down 2 percent.
That said, homes in Manteca and nearby took 53 days on average to sell after being placed on the market.
That compares to 35 days for Tracy-Mountain House, 44 days for Stockton, and 40 days for Lodi.
Locally in the three cities, there were 459 homes listed for sale, up 113 percent. The data for Tracy-Mountain House was 241 homes listed for sale, up 174 percent; Stockton there was 527 homes for sale, up 58 percent; and in Lodi the number was 182 homes listed, up 44 percent.
Manteca market
A snapshot of the Manteca market — the city and nearby rural areas — in April shows 93 homes went pending among 291 listings. There were 65 closed escrows.
Of the 93 homes that went pending, all but 21 were for between $550,000 and $899,000. It included two homes over $1 million.
To contact Dennis Wyatt, email dwyatt@manteccabulletin.com
